Role: Catastrophe Risk Portfolio Manager
Location: Dallas, TX / Austin, TX / Bedminster, NJ
Reporting to: Director of Risk Analytics
Work Environment: Hybrid (2-3 Days/week in the office)
About Hippo:
Our mission is to deliver intuitive and proactive protection for homeowners, combining the power of technology with a human touch.
Hippo built the world’s first home protection platform. We believe that insurance should protect your home and the things you treasure with policies designed for modern lives and proactive protection that helps you care for your home. Our aim is to help you avoid issues before they become costly problems because the best claims experience is the one you don’t have. Simply put, Hippo exists to protect the joy of homeownership.
About the Role:
We are looking for a Catastrophe Risk Portfolio Manager, who will primarily be responsible for the portfolio risk management and underwriting support of our Hippo Home Insurance Program. This position will work closely with Underwriting, Actuarial, Reinsurance, Enterprise Risk, and our external Reinsurance Broker partners, to develop catastrophe risk analyses and related insights.
What You'll Do:
- Independently complete and review all aspects of periodic portfolio catastrophe modeling including:
- exposure data preparation and reconciliation
- perform accumulation, deterministic, and probabilistic modeling of the exposures
- peer review, interpret, and present modeling results.
- Perform standalone and marginal impact analyses to assist with property underwriting
- Support active catastrophe event response activities
- Automate processes and workflows where appropriate to deliver efficiency gains
- Assist in the development of Hippo internal and external catastrophe modeling views of risk
- Assist in the development, communication, and implementation of risk tolerances and limits across Hippo Home Insurance Program business
- Serve as the internal subject matter expert on catastrophe risk, responding directly to questions from Hippo Home Insurance Program stakeholders
- Participate in and assist with reinsurance submissions
- Provide ad hoc catastrophe modeling supporting business decisions within the Actuarial, Underwriting, Insurance Product, and Reinsurance departments
- Support the Director of Risk Analytics in ad hoc Hippo enterprise supporting tasks
- Attend catastrophe modeling conferences to understand recent events and upcoming model changes and communicating model changes and updates to stakeholders
Must Haves:
- Bachelor's Degree
- At least two years of catastrophe modeling experience, preferably RMS RiskLink / Risk Modeler or AIR Touchstone.
- Strong analytical skills supporting data driven decisions
- Strong MS Office Suite skills, particularly with Excel, and the ability to write Microsoft SQL fluently
- Strong communication and relationship-building skills
- Organizational skills and the ability to work both independently and in teams
Nice to Haves:
- Property insurance experience
- Understanding of reinsurance structures and concepts
- Actuarial credentials or experience
- Earth science or meteorological credentials or experience
- Enterprise Risk Management software experience such as TigerEye, MetaRisk or ReMetrica etc.
Benefits and Perks:
Hippo treats its team members with the same level of dedication and care as we do our customers, which is why we’re fortunate to provide all of our Hippos with:
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Healthy Hippos Benefits – Multiple medical plans to choose from and 100% employer covered dental & vision plans for our team members and their families. We also offer a 401(k) retirement plan, short & long-term disability, employer-paid life insurance, Flexible Spending Accounts (FSA) for health and dependent care, and an Employee Assistance Program (EAP)
- Equity - This position is eligible for equity compensation
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Training and Career Growth – Training and internal career growth opportunities
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Flexible Time Off - You know when and how you should recharge
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Little Hippos Program - We offer 12 weeks of parental leave for primary and secondary caregivers
Hippo is an equal opportunity employer, and we are committed to building a team culture that celebrates diversity and inclusion.
Hippo’s applicants are considered solely based on their qualifications, without regard to an applicant’s disability or need for accommodation. Any Hippo applicant who requires reasonable accommodations during the application process should contact the Hippo’s People Team to make the need for an accommodation known
